Singapore offers some activity amid slow week

02 Apr 2013

The Asian bond market ground to a halt this week, with Hong Kong investors only having two working days between public holidays and many fund managers had taken the whole week off. But bankers have managed to keep themselves awake by turning to local currency markets, and lining up a handful of deals in Singapore.

Tata International, a trading subsidiary of Indian conglomerate Tata Group, was meeting investors on Wednesday ahead of a mooted Singapore dollar bond, after picking Royal Bank of Scotland as sole bookrunner of the deal. The company was still talking to investors at the time of writing on Wednesday, ...

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